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community has pretty much been widespread condemnation. john kerry is on his way to kiev and the president is weighing sanctions against russia. john kerry mentioned there could be asset freezes, be subband, destruction of trade but it is all up in the air. foreign ministers are holding an emergency meeting. >> this is the economics of the moment with secretary kerry going to kiev that so many have requested. they aree yesterday -- well prepared for any guest shortages. that's one of the big economic issues in terms of russia. it suggests big changes and the way that russia sees itself in the world. this is soviet russia. this is not russia the global power. >> the video and photo of the moment is ukraine troops lined up behind a screen. that has been the single photo of the morning. this will be our focus. ian bremer will join us later. >> we are starting to see the repercussions rattle through the market. you mentioned how russia raised its main interest rate to seven percent from 5.5% which is a most since 1998. it has not done much for the ruble and stocks worldwide are falling. futur
. >> and we have the draghi press conference. and john kerry meeting with lab rock in paris this morning. let me give you a shot of the ruble. here's what putin is worried about. a week in russian ruble. here is the panic. then we rollover. we really have not come in all that much. that is an elegant chart. by no means technically are we long ruble, strong ruble. the good news in the last 24 hours. we have look at the newspapers this morning and the webpages. here's the front page. >> we did not have to look far. ukraine and the crisis there. john kerry in paris meeting with russia's foreign minister sergei lavrov who said yesterday the threat of sanctions will not change the russian position. there are reports the white house will impose economic sanctions on russia sometime this week. >> we will go to paris in a bit. the former managing director of the i'm at said yesterday, his idea of a sequence. i thought he revis eyes this is a process, a sequence. it is no surprise on neutral territory in paris is where the meeting is. rocks and russia says ukraine owes gazprom $2 billion. >> they have
. there are other reports -- e u.s. statement called at the g7. >> there is a ramp up with secretary kerry migrating toward kiev. i think it is fabulous. this is great. this is the best signal for vladimir putin. the secretary of state stopping and having a baby. -- hugging a baby. john kerry makes the right decision. striking awork groundbreaking agreement with disney. there was a legal standoff between -- and disney over dish's skipping technology. >> this is a huge deal. disney is agreeing to go over the top. they are providing content not on the cable box, not on the --, actually on the web. they refused to do that. this is breaking the traditional agreement they have had with cable carriers, especially espn. > my word for 2014 is distribution. >> over the top. this is huge for disney. >> maybe that leads the way toÀa la carte programming. the big investment banks bracing for a trading plunge in the first quarter. typically the first quarter is when these banks to the best in trading. dropsays that trading will to the high to mid-teen percentage. jamie dimon said that revenue from equities and
is in the back of people's minds. would you have a situation? that is why john kerry and u.s. officials are telling russian officials to stand down and reminding them of what the russians said about libya. you told us not to going to libya, you should stand down on the situation. ramificationsge with regard to syria. >> this is a question of sphere of influence. you have a situation. are you going to double down on your other remaining ally if you lose crimea? >this is strategic. these are military bases. they do not want to lose allies. they are going to throw a lot behind assad right now. >> here is my morning russ street -- must read this morning. a really smart essay. putin is looking west. now --e is a discussion is china the market for russian gas? things that he is not going to cut off the gas to europe is that he does not want to lose markets. >> great conversation. how does this play in washington? >> it is fascinating. takes a lot of pressure off the economy in the u.s.. you do not have to worry about rates rocketing up. >> people by u.s. bonds. >> exactly. >> should i take my
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